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Oil Continues Drop on Global Indices as Recession, Demand Destruction Fears Weigh on Prices
- July 6,2022
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- SUSTG Team
Oil plummeted about 9% on Tuesday in the biggest daily drop since March, and failed to regain ground on Wednesday, as growing fears of a global recession and lockdowns in China that could slash demand weighed on prices.
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Raghad Fathaddin joins The 966; Oil’s price and Saudi spare production capacity, the new ‘Motawif’ app, and more…
- July 1,2022
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- SUSTG Team
In episode 50, The 966 talks with Raghad Fathaddin, communications analyst for PepsiCo based in Riyadh, an entrepreneur and founder of Sangha “Estidama Hub”, a Y20 delegate and also a WIn fellow. Before that conversation, the hosts discuss a new app from Saudi Arabia that is changing the way people register for the Hajj pilgrimage, […]
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Saudi-led OPEC+ Group Sticks to Oil Output Policy, Delaying Debate before Biden’s Visit to Kingdom
- June 30,2022
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- SUSTG Team
The Saudi-led OPEC+ group of oil producers, which includes Russia, said on Thursday it would stick to its planned oil output hikes in August, pushing off a debate on policy from September onwards as prices have risen on tight global supplies and worries that the group has little ability to pump more crude, Reuters reports.
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Saudi Stock Exchange Tadawul Plans to Launch Single Stock Futures on July 4
- June 27,2022
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- SUSTG Team
Saudi Arabia’s stock exchange, the Tadawul, said it plans to launch single stock futures on July 4, “which will enable local and international investors to hedge and manage portfolio risks more effectively,” Reuters reports.
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Leading Saudi architect and urban designer Dhay Aldhawyan joins The 966, MBS visits regional powers, and much more…
- June 24,2022
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- SUSTG Team
In episode 49, The 966 welcomes Dhay Aldhawyan, a leading architect and urban planner based in Riyadh who is Head of the Center for Development of Urban Design and Planning of Saudi cities, to discuss her journey and some of the big projects and developments happening now across Saudi Arabia. The 966 hosts also discuss […]
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Saudi Crown Prince Mohammed bin Salman Heads to Turkey after Visiting Jordan, Egypt
- June 22,2022
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- SUSTG Team
Saudi Crown Prince Mohammed bin Salman landed in Turkey for the first time in several years on Wednesday for talks with President Erdogan, after visiting neighboring Egypt and Jordan as part of a regional tour, Reuters reports.
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Saudi Crown Prince Lands in Egypt on Start of Regional Tour
- June 21,2022
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- SUSTG Team
Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Cairo, Egypt on Monday, kicking off his first tour outside the Gulf region in over three years, according to reports.
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The criticism, drama, and opportunities surrounding President Biden’s confirmed visit to Saudi Arabia, an economic victory lap, and more…
- June 17,2022
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- SUSTG Team
Episode 48 🚀 The 966 hosts talk about a new report from Saudi Arabia’s Investment Ministry that highlights all the gains in the Saudi economy recently, including an impressive start to 2022 GDP with 9.9% growth in Q1. Then the hosts discuss President Biden’s now confirmed visit, and all of the drama surrounding it…then the […]
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A conversation with Mark Thompson and Neil Quilliam on their new book on Saudi Arabia, reacting to the latest with LIV Golf, and more
- June 10,2022
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- SUSTG Team
In episode 47, the hosts welcome on Dr. Mark Thompson and Dr. Neil Quilliam, authors of a new book on Saudi Arabia’s governance and policymaking, for a fascinating discussion on how decision-making is changing and evolving at all levels in Saudi Arabia as Vision 2030 continues apace.
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Arabian Business’ Announces ‘Most Influential Arabs 2022’
- June 9,2022
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- SUSTG Team
Regional publication Arabian Business has revamped its “Arab Power List” and is introducing the Most Influential Arabs 2022 to “celebrate and recognize the public sector figures, CEOs, founders and presidents, educationalists and financiers, healthcare leaders and entrepreneurs who are making a difference in the world.”
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MUST-READS
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Israel’s Herzog seeks to avert crisis over judicial shakeup plan
Israel's president warned on Sunday that the country faced a constitutional crisis over a contested plan to rein in the judiciary and said he was mediating between parties. Prime Minister Benjamin Netanyahu, now in his sixth term, wants to put controls on the Supreme Court, which members of his religious-nationalist coalition accuse of overreach and elitism.
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MSC World Europa makes maiden call at Dammam, Saudi Arabia
The 215,863gt MSC World Europa, which made the call as part of its seven-night Arabian Sea inaugural itinerary, then continued with its 5,358 passengers to Doha, Qatar where the ship’s naming took place last November. Dubai, Abu Dhabi and Sir Bani Yas Island in the United Arab Emirates were also included in the voyage, which concludes in Qatar today.
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European Lithium signs MoU for Saudi Arabia plant
ASX-listed European Lithium has signed a non-binding memorandum of understanding (MoU) with Saudi Arabian major Obeikan Investment Group to build and operate a hydroxide plant in Saudi Arabia for the Wolfsberg lithium project, in Austria.
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Europe’s Mild Winter Cushions Economic Blow of Ukraine War
A mild winter so far, efforts by businesses and households to cut energy consumption, successful moves by governments to find new natural-gas suppliers and hundreds of billions of euros in fiscal support mean Europe’s recession is likely to be shallow and brief—if it happens at all—according to fresh data and estimates.
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Haifa Al-Jedea, ambassador and head of Saudi mission to the EU and Euratom
Al-Jedea was among 11 Saudi ambassadors who took their oaths of office at Al-Yamamah Palace, in the presence of King Salman, on Jan. 3. Prior to her latest appointment, Al-Jedea worked as managing director at SRMG Think, a newly established studies department by the Saudi Research and Media Group which is a source for in-depth perspectives, analysis and insights from and about the Middle East and North Africa region.
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Is Green Hydrogen the Fuel of the Future? China, US, Europe Are Betting on It
As the world sprints to decarbonize, the next round of competition revolves around a device called an electrolyzer. Plug these into clean electricity such as solar power, and it's possible to extract hydrogen from water without producing any planet-warming emissions. That's a crucial step in creating a green fuel capable of decarbonizing such industries as steel, cement or shipping.
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Is Green Hydrogen the Fuel of the Future? China, US, Europe Are Betting on It
As the world sprints to decarbonize, the next round of competition revolves around a device called an electrolyzer. Plug these into clean electricity such as solar power, and it's possible to extract hydrogen from water without producing any planet-warming emissions. That's a crucial step in creating a green fuel capable of decarbonizing such industries as steel, cement or shipping.
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‘Feels like summer’: Warm winter breaks temperature records in Europe
Record-high winter temperatures swept across parts of Europe over the new year, bringing calls from activists for faster action against climate change while offering short-term respite to governments struggling with high gas prices. Hundreds of sites have seen temperature records smashed in the past days, from Switzerland to Poland to Hungary, which registered its warmest Christmas Eve in Budapest and saw temperatures climb to 18.9 degrees Celsius (66.02°F) on Jan. 1.
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Saudi Arabia appoints Haifa Al Jedea as ambassador to EU, EAEC
Prior to her latest appointment, Al Jedea was the managing director of SRMG Think, a newly established studies department by the Saudi Research and Media Group whose mission is to provide analyses on the Middle East and North Africa in various fields, including the economy, geography and foreign policy.
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Ronaldo embracing new challenge at Al Nassr after winning everything in Europe
Portugal captain Cristiano Ronaldo said his "work is done" in Europe, adding that he is relishing new challenges both on and off the pitch after being unveiled as a player of Saudi Arabian club Al Nassr on Tuesday. Ronaldo, who was a free agent following his acrimonious split with Manchester United in November, joined Al Nassr last week on a 2-1/2 year deal estimated by media to be worth more than 200 million euros ($210.94 million). He was greeted by a sea of yellow and blue at Al Nassr's home ground Mrsool Park, where thousands of fans turned up to witness his unveiling.
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